Coversure on the acquisition trail after MBO

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Coversure Insurance Services Group is to support its franchise holders in making acquisitions, following the firm’s management buyout in May this year.

Chief executive officer Bob Darling explained that the business is “completely committed” to the franchise model after its Livingbridge-backed MBO.

Speaking exclusively to Insurance Age, Darling said: “A private equity firm will often talk about a buy-and-build strategy, but it would normally be within its own business.

“What we’re doing is

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